Tom R.
Conventional financing for auction.com house
I'm considering placing a bid on a house or two on auction.com. The listings say No Conventional Financing Available. I have been unable to find any information on closing time. If I win will I have enough time to fin...
Account Closed
Conventional owner occupied to investment
I and my fiancé took out a conventional 25% down loan with primary resident. Closing on feb 16. We are moving in next week. I found another deal where I really want to do FHA with. How long do I have to wait to safely...
Prashant Sharma
Conventional financing with an LLC?
Hello BP community,All of you experienced investors who own duplexes tri and quads, are you getting conventional financing (30 yr fixed) for your investments? If so do you form an llc and get the bank to finance an ll...
Carlo Con
FHA loan vs Conventional loan
I currently have a FHA $200,000 loan with an interest rate of 3.375% with a pmi flat fee of .85% ($141) of original loan amount. I want get a conventional loan to drop my PMI payment of $141 per month. However, the ...
Steven Kennerley
Smaller conventional loans in Toledo
Are there any conventional lenders that lend on $30-60k homes. I am able to purchase with cash but I would much rather leverage my funds. I’m looking at the Toledo Ohio area?
Thanks in advance
Chad Walsworth
Hard money to conventional financing
If you are doing a hard money to conventional financing on a rental property and you decide to sell the property, is their a holding time required? Could I sell the property the day after I refinance?
Justin Owens
Investment rates for conventional loans
Short question: What is the normal spread between primary residence mortgage rates and investment rates? Are there more fees with investment properties vs primary residences?Background: we purchased 2 BRRRR properties...
Frank S.
Rates Received for Conventional Mortgage
Hi there,Can you please comment on this estimate? It is from a large bank.Currently, I don't have a mortgageScore 780Property Gross Income: $26,400Assuming 160K appraisal, 30% equity: DCR 2.5 Cap Rate 10%, Ca...
James Letchford
VA Loan Refinance to Conventional??
I'm currently financing my primary residence through a VA Loan. It's a jumbo mortgage ~$1.2M (at 3.25%) and it would likely appraise at $~1.5-1.7M. My family and I are currently looking at purchasing another home (tha...
Eric James
Limit of 10 conventional mortgages?
Ive read several times on BP that conventional lenders will limit a person to 10 conventional mortgages. Is that typical of most lenders, even if you still would qualify otherwise and have the Capitol to invest?